Radio News

If you own stock in radio industry pure-play Saga Communications, you might want to take note of a change that's set to begin on Thursday, August 16. Not to worry — you probably won't notice anything out of the ordinary, aside from the exchange your shares will soon be traded on.

The gossip and chatter from Los Chismeros in Miami has heated up again with speculation that Univision Radio is indeed looking to unload its stations, possibly to Cumulus Media or even Lew Dickey Jr.'s Modern Media. A just-released press release from Univision's N.Y. office may be designed to quell those rumors.

With 3,000 watts from atop a hill in Kingston, N.Y., "Radio Woodstock" has established itself as a home for Adult Alternative music while building itself a nationally known brand. It's made news for holding listener fund drives to combat ad revenue declines against Townsquare Media and iHeartMedia cluster sales. Now, WDST is fighting to stop a co-channel FM translator from signing on 45 miles to the south, where Z100's signal has a presence, too.

In this Hispanic Radio Podcast, SBS EVP/Programming Jesus Salas shares why the launch of a brand-new station and adjustments at two other FMs in Puerto Rico couldn't come at a better time. He also discusses how local social media influencers are leading one of the brand refresh efforts, and how politics and the need to talk will soon reshape another FM station known for salsa.

On Monday, Salem Media Group enjoyed a healthy stock gain. On Tuesday, it gave back half of that improvement with a 9% drop. Meanwhile, Beasley Broadcast Group shares fell by 5.2%, continuing a steady decline for the radio pure-play that puts BBGI back to levels last seen in December 2016.

If the vultures were watching Pandora stock over the last week, they should have put in a buy right at Tuesday's market close. The streaming audio company reported a smaller-than-expected Q2 loss and is winning over more paid subscribers, it revealed following the Closing Bell on Wall Street. That sent "P" shares surging.

A Class B FM serving much of Cape Cod and Nantucket likes things "Cool," owing to this Classic Hits station's branding. It just got something decisively uncool from the FCC's Enforcement Bureau: A Notice of Violation. Blame it on "spurious emissions."

Entercom President/CEO David Field scrapped his midday appointment schedule and issued a statement Monday explaining how his radio broadcasting company's contract with USTN has ended — and how "relieved" Entercom is to be out of contract it inherited from its merger with CBS Radio. He also had some sharp words regarding USTN's lawsuit.

Alpha Media will elect a new Chairman at their next scheduled board meeting, the company said in a release distributed at 10pm Pacific Sunday. Why? The Portland, Ore.-based company isn't talking, but others are.

For two months, a small town in an economically challenged part of the Tug Valley separating Kentucky from West Virginia had its very own Classic Rock FM. The regional chamber of commerce held a ribbon-cutting ceremony welcoming the new operation, run by an assistant fire chief with a background in radio broadcasting. There was just one problem: "Rock 104.1" had no FCC license.

It's been a bruising end of July for some publicly traded stocks, notably Facebook and Beasley Broadcast Group. On Friday, streaming audio player Pandora joined the club. Why did the company's shares dip by nearly 7%? Zacks may be behind it.

Cumulus Media's grand return to the NASDAQ Global Market has been finalized. While Cumulus is already using the "CMIA" symbol and a value of $15, there's been no active trading of the company's stock. So, when's the big day for the company that successfully emerged from Chapter 11 bankruptcy protection?

On Wednesday, Dennis Molloy and Judi Franco earned much more national exposure the midday talk hosts at Townsquare Media’s WKXW-FM “New Jersey 101.5” in Trenton could have bargained for. Why? A discussion of New Jersey’s Attorney General, Gurbir Grewal, turned sour.

Thanks to a late afternoon rally, Beasley Broadcast Group ended a steep slide of its stock value by managing to recoup 5 cents in Thursday's trading. That lifts BBGI to $7.35 — a value $3.50 lower than where Beasley shares opened last Friday's trading session.

The FCC has issued broadcaster Roy E. Henderson a forfeiture order for willfully and repeatedly violating two of the Commission's rules. It appears Henderson operated an FM station at variance from its license without FCC authorization, for failing to timely file a STA to operate with its adjusted technical facilities, and for failing to disclose material information regarding the unauthorized operation of this FM.